Alastair Goldfisher

Unicorn Stemcentrx emerges from stealth

Heavily backed Stemcentrx, a South San Francisco-based developer of cancer therapies, has emerged from stealth and announced it raised a $250 million funding round last month, led by the mutual fund Fidelity Investments. The company, which was first backed by ARTIS Ventures four years ago, has now raised $500 million in funding and is reportedly valued at $3 billion. Other investors include Founders Fund.

Fresco News raises $1.2 mln in seed for crowdsourced site

New York-based citizen journalist site Fresco News closed a $1.2 million seed round of funsding and released an updated version of its app, which aims to enlist civilians to deliver user-generated content for media organizations. Investors include notable media professionals Reese Schonfeld (co-founder of CNN), Laurel Touby (founder of Media Bistro), Ross Levinsohn (ex-Yahoo of CEO) and Jonathan Miller (former executive with NewsCorp and AOL). Additional seed investors include Michael Jones (former CEO of Myspace), Fresco Capital, 1517 Fund, Social Starts, Wavemaker Partners and others.

Funding into security increases as hacks show no let up--VCJ data spotlight

Investing in the general security sector is on an upward trend as recent exits in the space have also taken place.

Battery adds Schireson as EIR

Battery Ventures announced today that it has hired Max Schireson, the former CEO of open-source database company MongoDB, as an executive-in-residence. Battery said Schireson will advise the firm's cloud and big data portfolio companies and help identify promising big data and open source projects from industry and academia. Schireson is based out of Battery’s Menlo Park, Calif.-based office and started earlier this week.

Howie Xu joins Greylock as EIR

Greylock Partners announced this morning that cloud and virtualization professional Howie Xu has joined the firm as an executive-in-residence. Greylock said Xu will consult the firm's portfolio companies and work with the team to explore startup opportunities in the enterprise sector.

Cloud Apps raises oversubscribed first fund

San Francisco-based firm aims to make ’classic Series A deals’ of cloud business apps

Cloud Apps raises oversubscribed first fund

San Francisco-based Cloud Apps Capital Partners has closed on $53.7 million for its inaugural fund that it says will exclusively focus on early-stage companies in the cloud business applications sector.

Yummly loads up with $15 mln Series B

Food discovery platform Yummly announced it has raised a $15 million Series B round of funding. Bauer Media Ventures, the venture arm of German media company Bauer Media, is the sole investor in the round. Redwood City, Calif.-based Yummly has now raised $24.2 million in total funding, including a $6 million Series A round three years ago.

Sigma West rebrands as Jackson Square Ventures

We're ready for a new 'R.I.P Good Times' slideshow

A correction is likely on the horizon. How will Sequoia respond?